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Jul 19, 2011
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the people like it's mcconnell are there to support big business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the consumer bureau consolidating into one place, that is 80% true. it consolidates them into one bureau. there is additional authority that it will have, and that is to supervise and regulate what are called non-bank financial firms. those are financial firms that do not take deposits. payday lenders, mortgage originators, that kind of thing. the principal was very simple. in the run-up to the financial crisis we had essentially what became known as the shadow banking industry. this was the mortgage factories that existed outside the deposit banks that turned up som
the people like it's mcconnell are there to support big business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the...
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Jul 17, 2011
07/11
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meanwhile the big deal pro accused by the president. amid's criticism opposed to an additional revenue. from the "new york times" gop says debt concerns them more than re-election. one fact in the story from robert per. the sheer size of debt as rapid growth have been bold in the house. preempting some of them to pledge not to vote for a higher debt ceiling even a compromise can be reached when the u.s. treasury saying it capped out. since the president took office in january of 2009 during the send. the total federal debt energy including the government has increased 35 percent. while the debt has exploded the economy has remained stagnant and the debt shared in thegpd has also increased. that's from the jump page of the "new york times" also on-line. we'll get next to, ty from kentucky. good morning. caller: good morning. and thank you c-span for offering the citizen of american a platform. i have a million things to say to o to feel free to cut me off. my name is,dy. i'm not a republican or democrat and nor will i ever be. it's 2011
meanwhile the big deal pro accused by the president. amid's criticism opposed to an additional revenue. from the "new york times" gop says debt concerns them more than re-election. one fact in the story from robert per. the sheer size of debt as rapid growth have been bold in the house. preempting some of them to pledge not to vote for a higher debt ceiling even a compromise can be reached when the u.s. treasury saying it capped out. since the president took office in january of 2009...
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Jul 23, 2011
07/11
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just the fact that people know your name is a big, big advantage. and so a lot of candidates that want to be president have to spend a lot of time getting that name recognition. >> host: ann arbor, michigan, greg on our democrats line. >> caller: hey, good morning, how are you. >> guest: hi. >> caller: i was listening about special interests taking over government. how is that the alcohol and tobacco commissions be in charge of drug laws. go to our u.s. surgeon general's website, ma'am, 400,000 americans dead last year from tobacco, over 100,000 dead from alcohol, over 150,000 dead from prescription drugs. zero dead from marijuana overdose. how is it that the tobacco lobby can come before congress and complain about marijuana being legal -- >> host: i think you're offtopic and i apologize. let's go to savannah, georgia, barbara, republican line, savannah georgia, you're on. >> caller: ok, thank you. i want to know why would they allow one candidate to opt out and the other one not to opt out? that certainly makes an uneven playing field and that cer
just the fact that people know your name is a big, big advantage. and so a lot of candidates that want to be president have to spend a lot of time getting that name recognition. >> host: ann arbor, michigan, greg on our democrats line. >> caller: hey, good morning, how are you. >> guest: hi. >> caller: i was listening about special interests taking over government. how is that the alcohol and tobacco commissions be in charge of drug laws. go to our u.s. surgeon general's...
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Jul 30, 2011
07/11
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let the big boys to see what is going on. if is no place for kids. guest: with respect to medicare, one of the things that is driving the enormous projections of deficits are entitlement programs. they take up an enormous amount of the federal budget. when you read the reports, we are 15-years away from bankrupting the medicare program your payment every month will be far insufficient to make sure that you continue to receive that benefit. it is one of the reasons that republicans have taken a very serious approach to resolving the crisis, that medicare crisis, which will be upon us before we know it. when we pass the budget plan as best year, we said we would take care of folks 55 and older. we also said we will not allow a 15-member board of un elected people to decide her fate and the medical treatment that you will or will not get. we put forth a plan the to make sure that medicare is around for you and the next generation. i hope we can get democrats to join us on that host: plan was theeid's only plan, would you vote for it? guest: i will oppos
let the big boys to see what is going on. if is no place for kids. guest: with respect to medicare, one of the things that is driving the enormous projections of deficits are entitlement programs. they take up an enormous amount of the federal budget. when you read the reports, we are 15-years away from bankrupting the medicare program your payment every month will be far insufficient to make sure that you continue to receive that benefit. it is one of the reasons that republicans have taken a...
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Jul 16, 2011
07/11
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it's a big defense company being present there or big technology firm or education center. universities are great job hubs and you have a lot of small university towns where the employment structure is based around universitieses. so those are kind of pockets of hope but the overall pick suris relatively grim. host: where are the jobs? from reuters, join us for the next until 8:30. and here's how we divided the lines. if you want to call in. if you are employed and you want to talk about the job market in your area, the numbers are on the bottom of your screen. and if you stopped looking altogether and talk about the job market in your area and talk about why you stopped looking. you can join us off of e-mail and you can join us off of twitter as well. are people moving into these job hubs at a more frequent rate? guest: the data doesn't really suggest that and there is a problem of the housing market does create an impedment to people moving because of course a lot of people have underwater mornls, they have lost money, they are having trouble sellings them. so if you are
it's a big defense company being present there or big technology firm or education center. universities are great job hubs and you have a lot of small university towns where the employment structure is based around universitieses. so those are kind of pockets of hope but the overall pick suris relatively grim. host: where are the jobs? from reuters, join us for the next until 8:30. and here's how we divided the lines. if you want to call in. if you are employed and you want to talk about the...
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Jul 26, 2011
07/11
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that is that congress establishes budget cuts big enough to satisfy the credit agencies. stocks would make our run at new bull market highs. it cannot pass a sizable plan, the downside would be limited to 10%. scenario 3, the worst outcome -- let's go to maryland, angela, an independent. caller: i'm a first-time caller. i am a social conservative and a fiscal conservative. i used to both the republican party from my local elections to the presidential elections. the worst thing that happened to the republican party is eric cantor. he reminds me of a child is totally intransigent. he is rude to the president and shows he is all talk and he cannot stand the heat in the kitchen. the tea party has taken over the republican party. why should grover norquist ask republican members to sign a pledge to him? he has not got our country. the republicans no longer represent me. they are behaving like a step further wives. -- stepford wives. this is not the reagan republican party that i used in them. this is really pathetic. people need to stop talking about social security as an ent
that is that congress establishes budget cuts big enough to satisfy the credit agencies. stocks would make our run at new bull market highs. it cannot pass a sizable plan, the downside would be limited to 10%. scenario 3, the worst outcome -- let's go to maryland, angela, an independent. caller: i'm a first-time caller. i am a social conservative and a fiscal conservative. i used to both the republican party from my local elections to the presidential elections. the worst thing that happened to...
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Jul 25, 2011
07/11
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take a look at the big money. the pentagon's procurement budget is $140 billion and research is another $80 billion, so one-third of the budget. if you look at the top of the procurement list, the stryker went from $40 million to $60 million to $100 million and now they are talking about the second engine. why? it will be done by general electric. there are 2000 planes, and you do the arithmetic, this is for a plan that does not even fly. that will give you some of how the procurement is being done. guest: the joint strike fighter is the largest program on the pentagon books. the costs have continued to growth route in light of the program. for a variety of reasons from problems with testing. two-marine corps is on ta yer probation. the problem is that these increases have become more run- of-the-mill than they should be. host: why not just go down to the hard wear store and buy a piece of plywood or whatever? why go with the fancy more expensive piece of equipment? off of twitter -- talk was about the rules and r
take a look at the big money. the pentagon's procurement budget is $140 billion and research is another $80 billion, so one-third of the budget. if you look at the top of the procurement list, the stryker went from $40 million to $60 million to $100 million and now they are talking about the second engine. why? it will be done by general electric. there are 2000 planes, and you do the arithmetic, this is for a plan that does not even fly. that will give you some of how the procurement is being...
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Jul 28, 2011
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is too big to downgrade. we have heard the adage "too big to fail." but maybe the u.s. is too big to downgrade. as a reality, it will never default on its treasury obligations. all those discussions are being had a back-and-forth with snb. -- s&p. they have to consider along with moody's and fitch that there is talk of default, and to simply ignore that and not have a plan and thinking behind how they would react to that would be a mistake. that is what we want to happen from the last crisis. we want them to be open, honest, transparent and much more timely in terms of how they are analyzing these credits. i think that is happening. host: if the u.s. were at what point aa, could they reget the aaa rating? guest: there is talk about that, how difficult it is to reverse that position. quite honestly, it is in the hands of the congress to come up with something other than token, and pushing past the 2012 elections, any serious consideration of on the more meaningful package to get revenue and expenditures under control. it me be a process of showing progress, not just toke
is too big to downgrade. we have heard the adage "too big to fail." but maybe the u.s. is too big to downgrade. as a reality, it will never default on its treasury obligations. all those discussions are being had a back-and-forth with snb. -- s&p. they have to consider along with moody's and fitch that there is talk of default, and to simply ignore that and not have a plan and thinking behind how they would react to that would be a mistake. that is what we want to happen from the...
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Jul 18, 2011
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guest: it is one of the big concerns. in the statute, it says that ipab is very constrained in what it may recommend, and that it may not ration care or at costs to a beneficiaries pay. it can only recommend changes to provider payments. congress is concerned that if you cut provider payments to much, they will stop taking medicare patients. that is a real concern. we see that in what happened in the balanced budget act passed in 1997, with physician payments, they set up this new formula and it worked for a couple of years and since then it has not worked very well. there were recommended cuts to physician and payments and congress has put it off again and again and again and they have dug this huge hole. to fix the problem would cost $300 billion. there is aware that the same thing could happen with ipab, that although congress cannot make the cuts go away, they would have to make other cuts. although it says explicitly you cannot ration care, there is the worry about cutting payments to much. what the secretary is putt
guest: it is one of the big concerns. in the statute, it says that ipab is very constrained in what it may recommend, and that it may not ration care or at costs to a beneficiaries pay. it can only recommend changes to provider payments. congress is concerned that if you cut provider payments to much, they will stop taking medicare patients. that is a real concern. we see that in what happened in the balanced budget act passed in 1997, with physician payments, they set up this new formula and...
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Jul 3, 2011
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host: a big push from republicans on a balanced-budget amendment. that issue has come back to the forefront in the gop terms. what is your reaction to that, their current mantra? guest: i think the balanced budget amendment might be the worst idea -- would not say ever, but it is pretty terrible. putting a cap on total spending -- i think the house is saying 80% of gdp -- that would cripple government. it would require massive cuts to existing services, up to 70%, but it would -- in the event of recession or war, it would sharply limit what the united states could actually do. i do not imagine -- quick spending for military action -- i do not imagine that happening at all. requiring the 2/3 votes for tax increases would put this in the same situation as california is right now. they are virtually not capable of dealing with their budget problems because it requires a 2/3 majority to pass a tax measure. that has crippled the government. host: conn carroll? guest: do i have to? [laughter] i am not against the balanced budget. i think it is a way to ki
host: a big push from republicans on a balanced-budget amendment. that issue has come back to the forefront in the gop terms. what is your reaction to that, their current mantra? guest: i think the balanced budget amendment might be the worst idea -- would not say ever, but it is pretty terrible. putting a cap on total spending -- i think the house is saying 80% of gdp -- that would cripple government. it would require massive cuts to existing services, up to 70%, but it would -- in the event...
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Jul 20, 2011
07/11
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they were making big dollars. when they change things back on the internet, it went straight back to the fox news co.. they took it to court and before the judge. fox settled out of court. then they turned around for $600 million and bought the company. in the stand, right now, that murdoch has -- i understand, right now, that murdoch has immunity. is that true? host: do not know the answer to that. caller: i heard that it was and that did -- and i did now know that it was true or not. if it is, it is just like oliver north back then. hacking is illegal and should be brought on trial. host: from "the financial times" this morning, this is their lead editorial -- host: we have this twitter message -- host: abraham, your arm, we are talking about the impact -- you are on, we are talking about the impact of the phone hacking scandal. caller: rupert murdoch reminds me of nixon. they allowed their subjects to just run amok. should he get immunity? i do not think so. host: chicago, republican. caller: i was calling more
they were making big dollars. when they change things back on the internet, it went straight back to the fox news co.. they took it to court and before the judge. fox settled out of court. then they turned around for $600 million and bought the company. in the stand, right now, that murdoch has -- i understand, right now, that murdoch has immunity. is that true? host: do not know the answer to that. caller: i heard that it was and that did -- and i did now know that it was true or not. if it...
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Jul 9, 2011
07/11
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they have a lot of big american serials and movies. they have football rights which been after share with others. it has been an increasingly powerful force in british television media. when mr. murdoch proposed taking his minority stake to 100% control, it set up a chain of events were regulators and ministers have to consider competition and weathered the corporation's market share, when you look at newspapers and his television interests, have grown too big to allow further concentration of media ownership in the united kingdom and also something called media plurality. that is the idea of having enough voices in the mix. the bbc is the state-funded british broadcasting corporation which has television, radio, and online media and it is very competitive and raucous press that we have with more than one dozen daily national newspapers. then you have the new on-line upstarts. what is the appropriate mix of media ownership? it has been so controversial and divided for the british political environment because of this investigation into
they have a lot of big american serials and movies. they have football rights which been after share with others. it has been an increasingly powerful force in british television media. when mr. murdoch proposed taking his minority stake to 100% control, it set up a chain of events were regulators and ministers have to consider competition and weathered the corporation's market share, when you look at newspapers and his television interests, have grown too big to allow further concentration of...
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Jul 29, 2011
07/11
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we have a big, big government, susan, that we can't afford. this, i would argue, is all of our fault. it's not just members of congress' fault. it's all americans' fault, because we've let it get to this point. so now we're all sort of uncomfortable because we've got to make some difficult decisions. we all have to act like grown-ups. host: there are a number of stories about the president and the options available to him. here's just one in the "financial times." it says, obama faces legal dilemmas as time runs out. there are discussions about whether he can issue an executive order about the debt ceiling or use the 14th amendment to the constitution. if the president chooses to act independently, what would your reaction be? >> i'd be very disappointed. i think most of congress would be disappointed. i hope he wouldn't do this. with an issue this big, which is just a step in our debt crisis, i think the solution has to be a solution that most american people, again, reflected by this body up here, support. it would be very dangerous, i think
we have a big, big government, susan, that we can't afford. this, i would argue, is all of our fault. it's not just members of congress' fault. it's all americans' fault, because we've let it get to this point. so now we're all sort of uncomfortable because we've got to make some difficult decisions. we all have to act like grown-ups. host: there are a number of stories about the president and the options available to him. here's just one in the "financial times." it says, obama faces...